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Croesus Tachikawa, located in Tokyo, Japan. Croesus Retail Asset Management, the trustee manager of Croesus Retail Trust, said late Monday night that it will fund its latest retail property acquisition in Japan with a mix of debt and equity.

PHOTO: CROESUS RETAIL TRUST

CROESUS Retail Asset Management, the trustee manager of Croesus Retail Trust, said late Monday night that it will fund its latest retail property acquisition in Japan with a mix of debt and equity.

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Croesus said the pro forma net property income (NPI) yield for Torius is 7.8 per cent, compared to the actual NPI yield of 5.3 per cent for its existing portfolio, for its financial year ended June 30, 2015.